6501 W Jade PlSioux FallsSD57106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Sioux Falls rentals match the income profile of 6501 W Jade Pl, Sioux Falls, SD, 57106. Listed at $100,000, gross rent is $2,160/mo and net cash flow is $1,088/mo, a 25.92% yield well above national averages. DSCR 4.80 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $27,628 by year five with $921/yr in annual principal reduction, projecting $109,925 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 25.9% | 6.8% |
| Monthly Cash Flow | $1,088 | $450 |
City averages based on Sioux Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 2.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2015
5,406 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57106, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 12,891 (57.0%) |
| Renter Occupied HU | 8,716 (38.6%) |
| Vacant Housing Units | 1,002 ( 4.4%) |
| Median Home Value | $305,000 |
| Average Home Value | $346,557 |
Housing Distribution
Address Breakdown
Residential
22,105
Single Family
16,423
Multi-Family
5,682
Businesses
1,068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 2015
5,406 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57106, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 12,891 (57.0%) |
| Renter Occupied HU | 8,716 (38.6%) |
| Vacant Housing Units | 1,002 ( 4.4%) |
| Median Home Value | $305,000 |
| Average Home Value | $346,557 |
Housing Distribution
Address Breakdown
Residential
22,105
Single Family
16,423
Multi-Family
5,682
Businesses
1,068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.